Search results for Angela Alsobrooks
Crypto
U.S. SEC, CFTC step in after Clarity Act stalls
The U.S. Senate blocked the crypto market structure bill known as the Clarity Act from advancing procedurally, sharpening a shift in regulatory momentum from Congress to agencies. The bill failed 49 to 50, with Democrats opposed and several Republicans joining them. Lawmakers traded blame, while some Democrats said the bill is not dead. Attention is turning to the SEC and CFTC as they begin issuing steps and proposals affecting the market.
Crypto
Clarity bill stalls but 7 U.S. Democratic senators say bipartisan talks will continue
Seven Democratic senators who voted against a procedural motion on the Clarity bill in the U.S. Senate said they would continue bipartisan consultations to advance the legislation. They said the vote did not mean the end of crypto legislative discussions. Democrats cited insufficient safeguards to prevent officials from profiting from crypto businesses, making ethics provisions a key sticking point. Analysts said passage this year remains possible but time is tighter.
Crypto
Ripple CLO reaffirms XRP is not a security after U.S. Senate stalls Clarity Act
Ripple stressed that XRP’s legal status remains unchanged after the U.S. Senate failed to advance the crypto regulation bill known as the Clarity Act. Chief Legal Officer Stuart Alderoty cited a 2023 federal court ruling that XRP is not a security and said the SEC and CFTC in March jointly described XRP as a digital commodity. CEO Brad Garlinghouse called the result painful and said Ripple would focus next on rulemaking by regulators.
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Crypto
Clarity Act falls 49-50 as Democrats oppose and Republicans defect; BTC, XRP and SHIB drop
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Crypto
U.S. Senate Democrats hold emergency meeting ahead of Clarity Act vote, test of 60 votes
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Crypto
Clarity bill seen 15 percent likely to pass this year as even Republicans say it is not easy
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Crypto
84 percent of U.S. Democratic voters view crypto less favorably than oil firms, poll shows, complicating CLARITY Act vote
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Crypto
Clarity bill missing from U.S. Senate schedule, Aug. 7 seen as pivotal
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Crypto
White House says ethics provisions are sufficient, Democrats say still not enough as CLARITY Act dispute continues
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Crypto
Ripple CEO says perfection must not block progress, urges U.S. Congress to pass Clarity Act
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Crypto
Seven U.S. Democratic senators oppose release of current CLARITY bill draft, call for fixes to key provisions
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Crypto
U.S. Republicans release revised CLARITY bill package as vote nears amid ethics provision dispute
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Crypto
U.S. Senate Republicans unveil Clarity Act revision banning federal officials from issuing tokens
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Crypto
U.S. Treasury secretary says CLARITY bill is at the one-yard line as White House and Democrats step up final push
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Crypto
Warren urges Trump to disclose latest assets including crypto income
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Crypto
US Clarity Act faces four-week test as prediction market sees 32 percent chance of passage by end-2026
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Crypto
Trump moves to broker late-stage Clarity bill deal as talks stall over ethics provision
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Crypto
Lummis says full text of Clarity Act to be released within days, steps up push for August passage